{"id":4663,"date":"2024-12-24T07:19:47","date_gmt":"2024-12-24T07:19:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4663"},"modified":"2024-12-24T07:19:47","modified_gmt":"2024-12-24T07:19:47","slug":"microstrategy-plans-special-shareholder-vote-to-support-its-42-billion-bitcoin-acquisition-strategy-michael-saylor-says-proposals-support-21-21-plan","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4663","title":{"rendered":"MicroStrategy Plans Special Shareholder Vote To Support Its $42 Billion Bitcoin Acquisition Strategy \u2014 Michael Saylor Says Proposals Support 21\/21 Plan"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) announced a special shareholder meeting Monday to vote on proposals to support its ambitious $42 billion <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) purchase plan.<\/p>\n<p><strong>What happened<\/strong>: In a 14A <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000114036124050281\/ny20039908x1_pre14a.htm#tPROP1\">filing <\/a>shared with the SEC, executive chairman <strong>Michael Saylor<\/strong> proposed increasing the company&#8217;s authorized Class A shares from 330 million currently to 10.33 billion to facilitate future capital raising.<\/p>\n<p>Additionally, he recommended increasing the number of authorized shares of preferred stock from 5 million to 1.005 billion.<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/money\/how-to-buy-preferred-stock#:~:text=Preferred%20stocks%20usually%20offer%20fixed%20dividends%20and%20rank%20higher%20than,health%20of%20the%20issuing%20company.\">Preferred stocks<\/a> usually offer fixed dividends and rank higher than common stocks during asset liquidation.<\/p>\n<p><strong>See Also<\/strong>: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42665539\/north-korean-hackers-suspected-presence-triggers-over-500-million-in-outflows-from-crypto-exchange\"><strong>North Korean Hackers\u2019 Suspected Presence Triggers Over $500 Million In &#8230;<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42665877\/microstrategy-to-hold-special-shareholder-vote-to-support-the-42-billion-bitcoin-acquisition-strategy\" alt=\"MicroStrategy\" plans special shareholder vote to support its billion bitcoin acquisition strategy michael saylor says proposals plan>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) announced a special shareholder meeting Monday to vote on proposals to support its ambitious $42 billion Bitcoin (CRYPTO: BTC) purchase plan. What happened: In a 14A filing shared with the SEC, executive chairman Michael Saylor proposed increasing the company&#8217;s authorized Class A shares from 330 million currently to 10.33 billion to facilitate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4663","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4663"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4663\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}